BASICS OF CRYPTO AND MEME COIN

Cryptocurrency:

Cryptocurrency is a digital asset that is used as a medium of exchange and is secured by cryptography. It is decentralized, meaning it is not controlled by any government or central bank. Cryptocurrency is becoming increasingly popular as an investment option, and many people are looking to get started in the market.

The first step to investing in cryptocurrency is to understand the basics. Beginner's guides can provide helpful information on the economics of cryptocurrencies, how to invest, and what to look for when selecting a crypto asset. Additionally, it is important to understand the fundamentals of cryptocurrency, such as network hash rate, wallet addresses, token/coin issuance rate, network fees, and transactions.

Once you have a better understanding of the basics, you can start researching different cryptocurrencies and exchanges. It is important to do your own research and understand the risks associated with investing in cryptocurrency. You should also consider the fees associated with different exchanges, as well as the security measures they have in place.

Finally, it is important to understand what makes cryptocurrency valuable. Cryptocurrency is volatile, so it is important to be aware of the risks associated with investing in it. Additionally, the value of a cryptocurrency is based on its use and acceptance, so it is important to research the different applications of a cryptocurrency before investing.

MEME COIN:

A meme coin is a type of cryptocurrency that originated from an online meme or viral image. It is highly speculative and supported by certain enthusiastic online trading communities. Examples of meme coins include Dogecoin, Shiba Inu, and other blockchain-based coins. Dogecoin is the most popular meme coin and depicts a popular internet meme of a Shiba Inu dog referred to as Doge.

BITCOIN:

Bitcoin was invented and implemented by Satoshi Nakamoto in 2009, integrating many existing ideas from the cryptography community. It quickly grew to become a significant store of value both on- and offline. Bitcoin (BTC) was the first cryptocurrency ever created and remains the most popular and valuable digital currency in the world today. It is a blockchain-based digital currency, with the first transaction on the blockchain network being 10 Bitcoins sent to Hal Finney, one of the first supporters, adopters, and contributors to Bitcoin, on January 12th, 2009. The text embedded in the coinbase of the genesis block gives a clear indication of Satoshi Nakamoto’s motive to create a new currency as a hedge against banking.

The price of Bitcoin rose strongly from $7,000 at the beginning of the year to more than $10,000 in mid-February. $10,000 proved to be a critical level for Bitcoin throughout the year, though it would take until October for the price to leave the $10,000s once and for all. The March crash followed, with the price dropping to around $4,000 before recovering to around $10,000 by the end of the year.

TOP CRYPTOS:

The top crypto coins by market capitalization can be found on CoinMarketCap, CryptoCurrencyChart, CryptoRunner, and COIN360. According to CoinMarketCap the top three crypto coins by market capitalization as of February 2023 are Blur (BLUR), 8.50%, and SafeZone (SAFEZONE). Additionally, CoinMarketCap also lists the top 100 crypto tokens by market capitalization, with the top three tokens being OxAI.com (OXAI), Blur (BLUR), and Baby Floki (BSC).

The top crypto exchanges for 2023 are Kraken, Coinbase, Crypto.com, Gemini, and Binance.Kraken is best for low fees and experienced traders[, Coinbase is best for beginners, Crypto.com has the best mobile app, Gemini is best for security, and Binance is best for altcoins.

FUTURE OF CRYPTO:

The future of crypto in 2023 is expected to be a mix of bullish and skeptical predictions.

According to CoinDesk, the next year could bring more regulation and institutionalization of crypto technology and blockchain infrastructure, as well as the potential for further losses in market value. Northeastern News predicts that the Federal Reserve's projected interest rate hikes could lead to more panic among investors. MoneyUnder30 suggests that the best altcoins to consider going into 2023 are those that have a quick history of cryptocurrencies and have weathered the crash of 2022. The World Economic Forum believes that cryptography and blockchains will remain integral parts of the modern economic toolkit. Finally, MarketWatch forecasts that the Crypto Currency market size will grow in 2023.